IDEAS home Printed from https://ideas.repec.org/a/ath/journl/v37y2015i1p65-76.html
   My bibliography  Save this article

Intangible Assets - Sustainable Economic Factors And New Creators Of Value

Author

Listed:
  • Paula – Angela VIDRASCU

    (The Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

The concept of value existed since trade was invented and used in all fields. Economists have tried different ways to define the common denominator subjective estimation of a good size. Studying the economic value of an asset has preoccupied economists at the early days of this discipline, trying to estimate the value of an individual and then extend to \r\n goods that can be changed. Over time how to create and measure value had several forms: from profit indicators (economic and financial profitability, etc.) to indicators based on cash flow (cash flow, CFROI - Cash Flow Return on investment -cash return on investment, etc.) or indicators of value (EVA - Economicâ Value Added - Economic Value Added, MVA - Market value added - Market value added, etc.). Value creation is the most important goal for a company, and the development of economy and human society will bring new ways of creating value that is in step with time. The new ways of creating value refer to human capital, intellectual capital, information, goodwill, etc., which gives the opportunity to contribute to the sustainable development of society and thus to value creation. It is the result of a complex management of all aspects of the business. "Sustainability" means property of a system, where the emphasis is on maintaining a particular state of the system over time. Classification- M41, Q56, D46, G14.

Suggested Citation

  • Paula – Angela VIDRASCU, 2015. "Intangible Assets - Sustainable Economic Factors And New Creators Of Value," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 37(1), pages 65-76, March.
    • Handle: RePEc:ath:journl:v:37:y:2015:i:1:p:65-76
    as

    Download full text from publisher

    File URL: http://aimr.univath.ro/download/1004_aimr_37_70_81.pdf
    Download Restriction: no
    File URL: http://aimr.univath.ro/en/article/INTANGIBLE-ASSETS--SUSTAINABLE-ECONOMIC-FACTORS-AND-NEW-CREATORS-OF-VALUE~1004.html
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bužinskienė Rita, 2017. "Determination of the Value of Intangible Assets in the Companies of Lithuania," Economics and Culture, Sciendo, vol. 14(2), pages 55-68, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ath:journl:v:37:y:2015:i:1:p:65-76. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cosmin Catalin Olteanu and Emilia Vasile (email available below). General contact details of provider: https://edirc.repec.org/data/feathro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.